Tullett & Tokyo Merger With Liberty Continues Consolidation Of Brokers
BROKERS
LONDON--Tullett & Tokyo and Liberty Brokerage Investment Corp finalized their merger on January 3 creating one of the largest interdealer brokers. The merger was first proposed in July and has been completed following shareholder and regulatory approval.
The new firm, Tullett & Tokyo Liberty plc, is a fully diversified interdealer broker with leading positions in fixed income securities as well as global money and capital markets.
The merger is yet another indication of the changing role of
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